VIETNAM TEXTILE INDUSTRY UNHAPPY WITH NEW NATIONAL MINIMUM WAGE
September 1st, 2016
The Vietnamese textile sector may face challenges thanks to a newly approved national minimum wage, industry insiders say, with specialists suggesting different rates for higher skilled workers in upstream suppliers, but other worrying about a loss of competitiveness in clothing manufacturing. The comments follow the September 7 decision by the government of a 7.3% increase to the minimum wage in 2017, the lowest hike since the wage was implemented in 2007. As a result, monthly wages will rise from a range of Vietnamese dong VND2.4 million to VND3.5 million ...
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